Ratings

Ratings Recap: Seaworthy, Central States Indemnity,Berkshire Hathaway Homestate

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of Seaworthy Insurance Company, based in Annapolis, Maryland, both with stable outlooks. The ratings reflect Seaworthy’s “supportive capitalization, historically favorable underwriting results …

Best Affirms Ratings of the Members of GEICO and GEICO Corp.

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), based in Chevy Chase, Maryland. Best also affirmed the ICR of “aaa” …

Best Revises Outlook to Positive, Affirms Ratings of ACE European Group Ltd.

Following its ratings report for the ACE Ltd. Group, A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” …

Best Revises Outlook to Positive for ACE Ltd., Most Subs; Affirms Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the North America property/casualty subsidiaries of ACE Limited, which is domiciled …

Ratings Roundup: AM France, Arab Orient, Gulf Insurance Co.

A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Assurances Mutuelles de France (AM), both with stable outlooks. Best explained that …

Ratings: Heddington, Bosna Re, Arden Re, Syndicate 609, Asia Capital Re (notes)

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Bermuda-based Heddington Insurance Limited, both with stable outlooks. The ratings reflect Heddington’s” superior capitalization, consistently positive operating results and the role …

Best Affirms RenaissanceRe; Top Layer Re Ratings; Outlooks Stable

RenRe and Affiliates A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and Renaissance Reinsurance of Europe, based in Dublin, Ireland. Best also has …

Best Affirms Gen Re Group’s ‘A++’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Conn., and its core property/casualty and life reinsurance /insurance subsidiaries operating in the …

Ratings Recap: Iron Horse, Dallas National, Armed Forces, Sooner, Harford Mutual, Philadelphia Contributionship

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Vermont-based Iron Horse Insurance Company, both with stable outlooks. Best said the ratings “reflect Iron Horse’s adequate risk-adjusted capitalization, explicit parental …

Best Affirms Mitsui Sumitomo’s U.S. Subs Ratings; Upgrades Aioi Nissay U.S.

In conjunction with its affirmation of the parent company, A.M. Best Co. has also affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA) and …

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